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10 Important business values

Have you ever heard about the values of a company, and it seems that many people ignore this topic, but the truth is that they are the center of everything else. 

Learn in this article not only what they are, but also the 10 most important values of a company.

important values of a business
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Table of Contents

What are the business values?

When we talk about the business values we are referring to those characteristics which are in charge of defining it, and which are also taken as an axis for its correct growth. 

Business values have the capacity to influence its target public. In the event that current and potential customers consume as inherent to the values intended by the company, it will have an impact on the benefits obtained. 

But it is not only something where customers must be taken into account, but also the members of the internal team themselves have the duty to know and assume the values of the company so that the process of internalization and transmission to the public occurs. 

We see then how it is of great importance to always keep them in mind, and to manage all the actions that have to do with the progress of the company starting from them. Otherwise the procedures can be a discrepancy of them.

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Why are a company's values important?

The importance of a business values is accepted since they begin to be seen as great driving forces that serve to ensure that the work is well done, help employees and customers feel part of the company, and unite for the goals and objectives. 

In order to understand a little more about this point, we will develop a series of aspects that could be considered as the benefits of having solid values in a business:

Business values examples

We have created a list so that you have a clear example of the important business values, and you can add them to your own with immediate effect:

Responsibility

This has to do with both the social and ecological aspects. In the case that it is demonstrated that it is responsible with the society and the environment, it will be shown that it is not only in the interest of obtaining an economic benefit.

Respect

In the workplace, respect creates an atmosphere of security and cordiality, where it is possible to accept the limitations of others and recognize their virtues. It also avoids offenses and irony, and does not allow violence to be the means by which criteria are imposed.

Teamwork

Of course we know what is the definition of teamwork, however, we must see all the personnel of a company as a huge team where each one has functions that, if they are all carried out with the best disposition, the goals are achieved.

Tolerance

Tolerance, as part of teamwork, refers to respecting and trying to reach agreements being as objective as possible in terms of the objectives set as a team. This leads to a more fluid, honest and open communication in the work environment.

Diversity

When we talk about diversity in the workplace, we are referring to the fact that a company's workforce is made up of employees of different ages, genders, religions, races, ethnicities, sexual orientation, cultural backgrounds, languages, skills, education, among many other points to be addressed.

Vision of the future

Vision should be taken as much more than a simple expression, as this refers to how companies proactively analyze the future in search of new business opportunities. To take advantage of this, there are a number of specific strategies and actions that can be implemented.

Innovation

Business innovation refers to the continuous improvement of products, services and processes of a company. It is one of the most important values of a company, especially in today's competitive environment in the different market sectors.

Empathy

In this case, empathy is taken as the ability to understand others and, in some cases, to feel like others. At a business level, this translates into more collaborative and productive societies, and reduces selfishness, since everyone is focused on fulfilling that common purpose.

Creativity

This refers to a company's ability to create products or processes that can be considered novel or original. This is a great way of seeking to generate value to the company, differentiating itself from its competitors, and maintaining a good reputation with its customers.

Empathy

When we talk about business communication, we are referring to the way of interacting, either spoken or written, that takes place between the people that make up the company. It can be classified as internal communication and external communication. Developing both in the best way is very important.

References
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